Fort Mill, SC Market Report | JAN 2018

The numbers are in for January and Fort Mill continues to be one of the Metro region’s hottest real estate markets. Charlotte, being right on the state line of North and South Carolina, borders this popular South Carolina town. A Fort Mill commute can be shorter to Uptown Charlotte than many areas within the city of Charlotte itself!

This pristine South Carolina town offers a variety of home styles, prices, lake and golf course living and excellent schools. Low SC taxes also draw a good number of our Charlotte area relocation clients to Fort Mill.

How’s the Fort Mill residential real estate market doing? Here are the single family home final numbers for January sales:

70 Fort Mill single family homes sold and Closed in January, 2018.

Average list price was $359,178.

Average sales price, $353,393, a 98% list-to-sales-price ratio.

Sales prices in Fort Mill ranged from $115,000 to $769,463 last month.

Average heated square feet was 2,831 and sold at $125.61/square foot.

Average beds & baths, 4 & 3.

Most sales in a single community in the Fort Mill market were:

Forest Grove – 5 sales

Masons Bend – 4 sales

Pecan Ridge – 4 sales

Regent Park – 3 sales

Hawks Creek – 3 sales

Historical data via interactive graphics follow.

Average Sales Price – $317,155

Inventory – 2.6 month supply (STRONG seller’s market)

Average Days on the Market – 61

Average Number of Showings Per Listing (until Contract) – 23

Average Price Per Square Foot – $123

Number of Homes for Sale in Fort Mill (all types – new construction [listed], resales – condos/townhomes & single family homes) – 340

BUYERS

Visit www.TheMaxwellHouseGroup.com for more information and to search for homes in Fort Mill, SC. Your first step should be enlisting an experienced, local real estate broker. Selecting a great broker is not as easy as it may seem. There are real estate agents and brokers who will sell you anything but, you want to enlist a seasoned real estate professional for your real estate needs. We would love to share our knowledge of the Fort Mill market with you…and give you the grand tour of this lovely area!

If you’re thinking of selling your Fort Mill home, let’s talk! As with everything in life, preparation is key and I will equip you with what you’ll need to get you, as seamlessly as possible, through the home-selling process. Call or text (704) 491-3310 and let’s get started!

Beverly Woods Market Report JAN 2018 (SouthPark Neighborhood)

The SouthPark community of Beverly Woods, developed and built by John Crosland in the 1960’s through the 1970’s. Beverly Woods is known for its wonderful SouthPark location as well as the spacious, wooded lots surrounded by mature landscaping. Beverly Woods (SouthPark Neighborhood) Market Report is reflective of just how popular this community truly is.

The Beverly Woods real estate market continues to be solid with strong appreciation in values across the community. Updated homes do tend to sell for a higher price per square foot, as in any neighborhood but, the average sales price per square foot currently in Beverly Woods is currently $202.

List to sales price ratios in Beverly Woods is approximately 97.7%

The real estate market remains strong in thispopular, live/work SouthPark neighborhood. Check out Beverly Woods – you’ll soon realize that this community is perfect for you!

If you’re thinking of selling your Beverly Woods home, let’s talk – call or text (704) 491-3310! Listing and SELLING homes is our specialty and we live in SouthPark so, we have a vested interest in getting you the most money for your home.

The picture perfect rocking chair front porch beckons you to this bright, sunny ranch + ½ in convenient Steele Creek location. Simply beautiful 2-acre, flat, private lot is full of mature hardwoods and is a playground for all ages! Fabulously updated open floorplan is great for cozy family living or entertaining large groups.

Gorgeous hardwoods throughout this OPEN floorplan with formal living room (currently being used as an office) & huge great room, breakfast room/open kitchen with lots of large windows that let the sunshine in! Kitchen has plenty of cabinets, large pantry, granite countertops and large island. Updated lighting, heavy millwork & more. Enormous MAIN LEVEL MASTER SUITE with updated luxury bath that includes dual vanities, garden tub& an incredible, custom walk-in shower. The palladium window brings nature right into this palatial bathroom. Upstairs, you will find the spacious, over-sized secondary bedrooms.

Dilworth Market Report JAN 2018 – Charlotte NC

Dilworth is absolutely one of my favorite communities in all of the Metro region! Regardless of the season, Dilworth homes are highly sought-after – not just the homes but, the quaint streets, the ‘neighborhood’ feel and the location – oh, it is incredibly desirable!

If you’re interested in Dilworth, I’ve got you covered! I own property in the community and I spend a good deal of my work and free time enjoying this endearing Charlotte neighborhood.

Here are the most up-to-date stats on the Dilworth neighborhood. These numbers reflect the intense love for this community that those relocating to our area have for it. In fact, many who live in Dilworth have lived there for years and bought and sold more than one home within the community!

Top 25 Charlotte Blogs Winner – YES WE ARE!

The Best Charlotte blogs have been announced – the list is derived from thousands of top Charlotte blogs in Feedspot’s index. Their index uses search and social metrics to arrive with their ‘top’ list.

Charlotte blogs are ranked based on following criteria:

Google reputation and Google search ranking

Influence and popularity on Facebook, twitter and other social media sites

Quality and consistency of posts.

Feedspot’s editorial team and expert review

What a treat to find our website in the top 25 this year! I am a full-time, full-service Charlotte real estate agent who has a passion for writing and sharing information about our fabulous city. It’s an honor to be among other Charlotte websites such as the Charlotte Hornets site, Charlotte’s Got Alot and Charlotte Magazine, all well-known sites which we all utilize!

For me, it’s even more of an honor – I’m not being paid to share my research, knowledge and information – it’s a passion for me that I do above and beyond my normal day-to-day real estate business!

5 Reasons to SELL YOUR CHARLOTTE HOME NOW!

Here are five great reasons listing your home for sale this winter makes perfect sense:

#1 – Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand even remains very strong throughout the vast majority of the country. With Charlotte being one of the top 5 cities in the nation for relocation, it’s no surprise that our traffic ranking is quite high – and has been for the past 4 years. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market. Spring market typically sees a strong surge of new listings – why compete?

#2 – There Is Less Competition Now

Housing inventory is at the 2-month supply mark, well below the 6-month supply that is needed for a normal housing market. This means that, in Charlotte, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory will be coming to the market soon.

Historically, the average number of years a homeowner stayed in their home was 5, but has hovered between nine and ten years since 2011. This is yet another sign that there is a pent-up desire for many homeowners to move, as they were unable to sell in years past (following the recession) because of a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

The choices buyers have will continue to increase. Don’t wait until other inventory comes to market before you decide to sell beat the competition!

#3 – The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to 44 days and we’re seeing a trend closer to 35 here in the Charlotte Metro region with our clients.

#4 – There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move up! The inventory of homes for sale at these higher price ranges has forced these markets into more of a neutral market and some price ranges, even into a buyer’s market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly AND you’ll be able to find a premium home to call your own!

Prices are projected to appreciate by 4.7% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

#5 – It’s Time to Move on With Your Life

As I age, I begin to realize more and more just how important moving for a lifestyle change really is. My husband and I finally made a move to live more centrally within the city. I can’t tell you how much change that has made in our lives – from commute time to area enjoyment and taking in more local activities than ever before. Look at the reason you decided to sell in the first place and determine whether it is worth the wait. Is being with family important? Is being located near healthcare important? Don’t ever put anything above being able to have the freedom to move on with your life the way you think you should – especially not money!

Only you know the answers to the questions above. Take control of the situation by putting your home on the market if you feel the time has come for you and yours to move on and start living the life you desire.